Research Data - Putri And Andrian (2025)
Description
The purpose of this study is to empirically test whether corporate social responsibility and nationality diversity affect financial performance, proxied by Return on Assets and Return on Equity, with environmental consciousness as a moderating variable. This study uses a quantitative approach with secondary data in the form of annual financial reports and/or sustainability reports from the energy sector listed on the Indonesia Stock Exchange for the period 2019-2023 with a sample of 108 companies using panel data regression processed using Eviews 14. The results show that nationality diversity has a significant negative effect on financial performance, as proxied by ROA and ROE. Meanwhile, corporate social responsibility has a significant positive effect on financial performance, as proxied by ROA and ROE. Environmental consciousness can strengthen the relationship between nationality diversity and financial performance, as proxied by ROA and ROE. However, environmental consciousness does not moderate the relationship between corporate social responsibility and financial performance, which is proxied by ROA and ROE. Companies can increase CSR disclosure activities, such as community welfare programs and employee quality development programs, which have an impact on improving financial performance. In addition, companies can also increase their focus on environmental efforts through environmental consciousness, where companies are required to care for the environment for the sustainability of the company, which is a government program called Sustainable Development Goals (SDGs).
Files
Institutions
- Bina Nusantara University